Cash Severance Amount
Cash Severance Amount. Means the amount of cash severance that a Participant shall be eligible to receive upon a Qualifying Termination of Employment, as set forth in the Participant's Notice of Participation.
Found in
PEREGRINE SYSTEMS INC contract
Cash Severance Amount. Subject to any reduction pursuant to Section 6, (i) with respect to a Tier I Employee, an amount in cash equal to three times the sum of (A) the Base Salary calculated as of the Date of Termination or, if greater, before any reduction not consented to by the Participant and (B) the Target Bonus or (ii) with respect to a Tier II Employee, an amount in cash equal to two times the sum of (A) the Base Salary calculated as of the Date of Termination or, if greater, before any reduction not consented...
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